Maria Has Just Graduated from Princeton University and Has Applied

question 448

Multiple Choice

Maria has just graduated from Princeton University and has applied for a job at a major bank. The bank decides to offer Maria a job because they perceive her degree from Princeton to be an indication of her high-ability. To which of the following views of education does the bank subscribe?

• A)signaling
• B)human-capital view
• C)superstar phenomenon
• D)benefits of beauty

Understand the legal consequences and remedies associated with misrepresentation and fraud.

Comprehend the role of scienter in legal determinations related to fraud.

Recognize the ethical and legal issues involved in business dealings and the exploitation of trust or authority.

Differentiate between the various factors that can affect the enforceability of a contract such as concealment, duress, and undue influence.

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Definitions:

Discrete Probability

A branch of probability that deals with occurrences that have distinct and separate values, often involving countable outcomes.

Random Variable

A variable whose numerical values are contingent upon the outcomes of randomness.

Occurrences

Instances or events that happen or take place.

Expected Monthly Production

An estimate of the quantity of goods or services that are anticipated to be produced in a given month.